CS / HM / SEM-1 / BHM-104 /2010-11
2010-11
ACCOUNTS
Time Allotted : 3 Hours Full Marks : 70
The figures in the margin indicate full marks.
Candidates are required to give their answers in their own words
as far as practicable.
GROUP – A
( Multiple Choice Type Questions )
1. Choose the correct alternatives for any ten of the following :
10 × 1 = 10
i) Wages outstanding account is
a) Personal Account b) Real Account
c) Nominal Account d) Suspense Account.
ii) The Trial Balance checks
a) arithmetic accuracy of books
b) the integrity of book-keeper
c) the valuation of closing stock
d) the profit from operations.
iii) Fixed Costs and Variable Costs are obtained in cost
classification under
a) Function basis b) Nature basis
c) Behaviour basis d) Control basis.
iv) If the rate of profit on sales is 25%, then the rate of
profit on cost will be